Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: freeus who wrote (103812)	2/22/1999 2:57:00 PM
From: Marq Spencer	Read Replies (1) \| Respond to of 176387

Freeus, Given the split before the options expiration, I'd be surprised if Dell stays belows 85 (42.5) at time of option expiration. Of course, I could be wrong, but it wouldn't surprise me to see Dell between 45 and 50 in March, post split and pre option-expiration. - Brian.

To: freeus who wrote (103812)	2/22/1999 3:03:00 PM
From: Dorine Essey	Read Replies (1) \| Respond to of 176387

MyDear Freeus, I think we need to have a little more patience. VBG But, if you made a profit and are HAPPY, that is really all that counts. You seem to do very well. My sweet husband Herb has a order to buy DELL at $75.00. Didn't make it and it is still sitting there. Maybe, one never knows. I am a DON"T EVER SELL DELL person. Although there have been times I wish I did, but my patience helped since DELL always comes back. God Bless you Dorine

To: freeus who wrote (103812)	2/22/1999 3:25:00 PM
From: edamo	Read Replies (2) \| Respond to of 176387

selling dell march 85 @ 2.875.... maybe not the best time...the past two weeks have been the buying opportunity for large cap techs...all the money has gone out, beginning to return...should write covered calls at overbought, oversold as now is time to sell puts...if you are intent on selling as you are concerned, consider buying back mar 85, and selling jan 140 (ldeah) with a 6.375 premium, and 55+ points to run on the upside, far out option premiums are a good leading indicator of where the money is heading...me thinks the premium for an 85 in march will have the stock called away...consider the mar 5 split, your 85 is now 2 x 42.5...the jan 140 would be a 70...just a thought, good luck! ed a.

To: freeus who wrote (103812)	2/22/1999 3:42:00 PM
From: SecularBull	Read Replies (1) \| Respond to of 176387

Freeus, I'm not so sure I would have sold Mar $85 covered calls this morning, IMHO. I think that the only time to sell them is at the peak of a run-up; not the trough of a sell-off, which is where we are. The split on March 5 is most certainly going to blow the stock through your strike (split adjusted $42.5). You may want to close that position out, IMHO. Maybe consider selling the calls right after the split, depending on market conditions. If you're concerned about volatility to the downside (I'm not overly concerned), you might want to short your shares against-the-box, and buy calls at the current price to hedge your upside. This is a very advanced move, but will suit you well (unless the stock goes nowhere). Avoid buying near-term calls when using this strategy, too. Personally, I wouldn't do this right now. I think this is an opportunity to load up on August (<$120) or later calls; and not the time to be the seller of calls. Regards, LoD